4 ms·
Right, the contract definitely allows Solend to seize the collateral at certain collateral ratios, but I can’t tell if this change just affects how they liquida
by SilasX 4y ago
Right, the contract definitely allows Solend to seize the collateral at certain collateral ratios, but I can’t tell if this change just affects how they liquidate when that ratio hits, or it pre-emptively does so now, while the price is far from hitting that ratio.
Edit: okay it’s the latter. But remember this is not a seizure as in, just taking it, but also forgiving some of the debt at the same time.
https://news.ycombinator.com/item?id=31802692 https://news.ycombinator.com/item?id=31802692